Janus Henderson Group (NYSE:JHG) Releases Earnings Results, Beats Estimates By $0.11 EPS

Janus Henderson Group (NYSE:JHG) announced its quarterly earnings data on Thursday. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11, Briefing.com reports. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm had revenue of $624.80 million during the quarter, compared to analysts’ expectations of $600.88 million. During the same period last year, the business posted $0.64 earnings per share. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year.

Janus Henderson Group Price Performance

Shares of NYSE JHG traded up $0.33 during trading on Friday, hitting $41.64. The company had a trading volume of 1,087,749 shares, compared to its average volume of 1,026,057. Janus Henderson Group has a fifty-two week low of $23.98 and a fifty-two week high of $42.46. The company has a quick ratio of 2.67, a current ratio of 4.05 and a debt-to-equity ratio of 0.07. The stock has a fifty day simple moving average of $38.31 and a two-hundred day simple moving average of $35.46. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 16.41, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Monday, November 11th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Friday, November 8th. Janus Henderson Group’s dividend payout ratio is presently 61.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. UBS Group raised their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. TD Cowen upped their price target on shares of Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday. StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. JPMorgan Chase & Co. boosted their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Janus Henderson Group from $40.00 to $42.00 and gave the stock a “hold” rating in a report on Friday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus price target of $40.75.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the sale, the chief financial officer now directly owns 139,171 shares in the company, valued at approximately $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $35.38, for a total transaction of $318,420.00. Following the sale, the chief financial officer now owns 139,171 shares of the company’s stock, valued at approximately $4,923,869.98. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,651 shares of company stock worth $918,158. Insiders own 19.60% of the company’s stock.

About Janus Henderson Group

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.